Easy Office
LCI Learning

purchase from farmers

This query is : Open 
Profile Image

Profile Image

(Querist)
24 September 2017 Dear experts I have purchase some taxable goods from farmers, my question is RCM is applicable if I purchased goods from farmers???
Profile Image

anshul aggarwal

Profile Image

anshul aggarwal (Expert)
24 September 2017 If the goods are under exempted goods then no but you are saying goods are taxable then it will be considered purchase from Unregistered dealer liable to be charged u/s 9 (4) of RCM
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
25 September 2017 are the goods covered under exempt goods?



Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
25 September 2017 Yes... The purchasing goods are taxable then you ll be pay Tax under RCM basis.... If it is exempted then no need...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links